NOT LISTED FOR SALE

3541 40th Ave SE Olympia, WA 98501

Estimated Value: $505,000 - $572,142

2 Beds
2 Baths
2,664 Sq Ft
$202/Sq Ft Est. Value

Last Sold January 14, 2021

Last sale price $400,000 $150 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,217/month

Highlights

  • RV Access or Parking
  • Fruit Trees
  • 2 Fireplaces
  • Centennial Elementary School Rated A
  • Deck
  • Attached Garage

About This Home

As of January 2021

Wonderful estate property ready for the next generation. Sitting on a corner lot of 1.72 acres, this home features a galley-style kitchen, study, living room, and cozy family room with a wood stove. 2 bedrooms~2 bathrooms~with a loft. Large master bedroom with en suite bathroom, and walk-in closet. The loft space will be a nice surprise. Large shop and outbuildings ready for your projects. Plenty of parking for all your toys. Great location, great potential!

Last Agent to Sell the Property

Steve McNamer

Windermere Prof Partners License #21021557 Listed on: 11/25/2020

Windermere Prof Partners

Last Buyer's Agent

J & J Realty Team

Skyline Properties, Inc. License #128293

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1692166

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,389

Year Built

  • Built in 1935

Lot Details

  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2 Fireplaces

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • Attached Garage
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • Septic System
  • Cable TV Available

Community Details

  • Olympia Community

Listing and Financial Details

  • Assessor Parcel Number 11831110101

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,389

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dining Room, Loft
  • Floor Covering: Laminate Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Den or Office: Main
  • Extra Finished Room: Upper
  • Family Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 2664
  • Square Footage Finished: 2664

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 5

Utilities

  • Heating And Cooling: Insert, Stove/Free Standing, Wall
  • Sewer: Septic
  • Water Heater: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Olympia

Schools

  • Elementary School: Centennial Elem
  • Middle School: Wash Mid
  • High School: Olympia High
  • School District: OLY

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 74923
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Wooded
  • Parcel Number: 11831110101
  • Lot Topography: Fruit Trees, Garden Space, Level, Wooded

Tax Info

  • Tax Amount: 3963

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Dec 23, 2020
Sold by
Jaster Charles W and Estate Of Lesley J Jaster
Bought by
Dembeck Jesse and Liu Yijun
Seller's Agent
Steve McNamer
Windermere Prof Partners
Buyer's Agent
J & J Realty Team
Skyline Properties, Inc.
List Price
$380,000
Sold Price
$400,000
Premium/Discount to List
$20,000
5.26%
Current Estimated Value
$537,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,786
Avg. Annual Appreciation
6.50%
Original Mortgage
$300,000
Outstanding Balance
$267,137
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$270,649
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dembeck Jesse $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dembeck Jesse $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2021 01/14/21 Sold $400,000 +5.3% $150 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
11/25/2020 11/25/20 For Sale $380,000 -- $143 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,389 $416,600 $218,700 $197,900
2023 $4,389 $417,200 $216,300 $200,900
2022 $4,198 $398,400 $172,000 $226,400
2021 $4,089 $354,700 $173,800 $180,900
2020 $3,963 $318,700 $180,300 $138,400
2019 $3,326 $301,800 $153,700 $148,100
2018 $3,448 $254,600 $105,900 $148,700
2017 $3,220 $246,000 $114,200 $131,800
2016 $3,038 $228,100 $114,400 $113,700
2014 -- $225,200 $112,400 $112,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1692166

Northwest Multiple Listing Service (NWMLS)

APN: 11831110101